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As people age, the ______ in the brain shows a noticeable reduction in volume.
Brand Loyalty
The tendency of consumers to continuously purchase one brand's products over competing ones due to positive experiences and satisfaction.
Differentiation
Refers to the process of distinguishing a product, service, or brand from competitors in ways that appeal to the customer, creating a perceived value over alternatives.
Focused Differentiation
A business strategy where a company targets a specific market niche, offering unique products or services that stand out from competitors.
Subscription-Based
A business model where customers pay a recurring price at regular intervals to access a product or service, rather than a one-time purchase.
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